Rhode Island General Laws 45-9-8. Appointment of receiver in a fiscal emergency
Current as of: 2024 | Check for updates
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In the event the director of revenue determines, in consultation with the auditor general, that a city, town, or fire district is facing a fiscal emergency and that circumstances do not allow for appointment of a fiscal overseer or a budget commission prior to the appointment of a receiver, the director of revenue may appoint a receiver without having first appointed a fiscal overseer or a budget commission.
History of Section.
P.L. 2010, ch. 24, § 1; P.L. 2010, ch. 27, § 1; P.L. 2014, ch. 31, § 1; P.L. 2014, ch. 33, § 1.
Terms Used In Rhode Island General Laws 45-9-8
- Budget commission: means the budget and review commission established under § 45-9-5 and § 45-9-6. See Rhode Island General Laws 45-9-2
- Director of revenue: means the director of the department of revenue. See Rhode Island General Laws 45-9-2
- Fiscal overseer: means the financial overseer appointed under § 45-9-3. See Rhode Island General Laws 45-9-2
- Receiver: means the receiver appointed pursuant to § 45-9-7 or § 45-9-8. See Rhode Island General Laws 45-9-2
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9